Business & Corporate Law

Faculty Research

Jill Fisch’s article, “The Broken Buck Stops Here: Embracing Sponsor Support in Money Market Fund Reform,” argues that the difference between MMFs and banks provides the basis for a simple yet unprecedented regulatory solution: requiring sponsors of MMFs explicitly to guarantee a $1 share price. Taking sponsor support out of the shadows provides a mechanism for enhancing MMF stability that embraces rather than ignoring the advantage that MMFs offer over banks through asset partitioning.

Clinics

Detkin Intellectual Property & Technology Clinic (in partnership with Penn’s Center for Technology Transfer, Engineering, Medicine, Business (Wharton), Arts and Sciences, and other Penn departments and programs involved in the patenting and licensing processes, as well as related research.)